The marked price of a dress was $478. After a 25% discount, the shopkeeper still makes a $46 profit.
- What is the cost price of the dress?
- What is the profit in percentage?
(a)
Percentage of the price of the dress after 25% discount
= 100% - 25%
= 75%
Price of the dress at 25% discount
= 75% x 478
=
75100 x 478
= $358.50
Cost price of the dress
= 358.50 - 46
= $312.50
(b)
Profit in percentage
=
46312.50 x 100%
= 14.72%
Answer(s): (a) $312.50; (b) 14.72%